Hoyer Statement on President Trump's Fiscal Year 2019 Budget

WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) released the following statement today on President Trump's proposed budget for Fiscal Year 2019:

“The President’s Budget for 2019 is a case study in Republicans’ reckless deficit expansion. After creating a $1.5 trillion budget hole by passing a tax law designed to benefit the wealthiest, this budget doesn’t come close to balancing – even when using disingenuous accounting tricks like dynamic scoring and other magic asterisks. Moreover, this budget flatly rejects the bipartisan budget deal that Congress passed and the President signed just last week – and hypocritically cites the same deficits caused by Republicans’ own tax scam as a reason for doing so.

“President Trump’s budget sets up our economy to fail by bankrupting the country and making it harder for the private sector to invest in creating better-paying jobs here in America. Budgets reflect priorities, and this document is a clear statement that this President does not prioritize fiscal sustainability; middle class workers and their families; investments in our economy; or stable, long-term funding certainty for our military and national security agencies.

“Congress should reject this approach, and instead work together to truly put America first by applying the commonsense principles of fiscal responsibility and long-term investment in our economy, our people, and their prosperity.”